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new sector
[nuː ˈsɛktər]
noun
pl: new sectors
novo setor
1.
An emerging or recently established industry or area of economic activity
The tech industry was considered a new sector in the 1990s.
A indústria de tecnologia era considerada um novo setor nos anos 1990.
2.
A market segment that has recently gained economic or commercial importance
Renewable energy represents a new sector with significant growth potential.
A energia renovável representa um novo setor com potencial de crescimento significativo.
Synonyms
emerging sector
rising industry
growth sector
nascent market
Antonyms
established sector
traditional industry
mature market
Regional Variations
General Brazilian
novo setor
Standard usage across Brazil
São Paulo
novo setor / setor em expansão
Business-oriented usage common in financial contexts
Portugal
novo setor
Standard usage, often used in economic reports
Related Idioms & Phrases
break into a new sector
emerging market sector
sector growth
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